847 Lee Circle
About This Property
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 24, 2023 | Sold | ||
| Sold | |||
| Jan 24, 2023 | Listed by Century 21 MVP | $599,000 | |
| Listed by Century 21 MVP | |||
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GROSS RENTAL INCOME $66,650 IN 2021. Guests love this immaculate rental just MINUTES FROM the MAIN PARKWAY IN PIGEON FORGE. Perfect floor plan - 3 BEDROOMS 2 BATHS ON ONE LEVEL plus 2 BONUS ROOMS UPSTAIRS. GARAGE IS USED AS GAME ROOM SPACE. Open kitchen features GRANITE COUNTER TOPS, glass mosaic tile back-splash, beautiful white kitchen cabinets with soft close drawers, STAINLESS STEEL APPLIANCES. Gleaming wood floors throughout. You ll love the MASTER SUITE with CATHEDRAL CEILINGS, his & hers WALK-IN CLOSET and master bath featuring a custom tile WALK-IN SHOWER, 2 vanities. Ample storage through out the home plus ~560 sq.ft. UNFINISHED space above the garage. ~5 MIN. TO MAIN PARKWAY IN PIGEON FORGE, ~8MIN TO ISLAND, ~16 MIN TO DOLLYWOOD. No steep roads.
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| Jul 31, 2017 | Listed | $279,900 | |
| Listed | |||
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IMMACULATE NEW CONSTRUCTION HOME. 3 BEDROOMS 2 BATHS ON ONE LEVEL plus 2 BONUS ROOMS UPSTAIRS. Open kitchen features GRANITE COUNTER TOPS, glass mosaic tile back-splash, beautiful white kitchen cabinets with soft close drawers, STAINLESS STEEL APPLIANCES. Gleaming wood floors throughout. You ll love the MASTER SUITE with a huge window, CATHEDRAL CEILING, his & hers WALK-IN CLOSET and master bath featuring a custom tile WALK-IN SHOWER, 2 vanities. Ample storage through out the home plus ~560 sq.ft. storage space above the garage. I YEAR BUILDERS WARRANTY. Home is in a great location: 2 min from Wear Farm City Park in Pigeon Forge, 4 min from Pigeon Forge Community Center, minutes from schools, shopping and banking.The manager has listed the unit size as 1813 square feet.
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| Jul 5, 2017 | Listed by Century 21 MVP | $249,900 | |
| Listed by Century 21 MVP | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017